Thursday, August 14, 2008

Latest Report from the National Association of Realtors (US)

Home prices have fallen 7.6% over the past 12 months

Real estate prices continued to post steep year-over-year declines during the three months ended June 30, according to a new report from the National Association of Realtors (NAR). Nationwide, the median single family, existing home price plunged 7.6% to $206,500 from $223,500 in the second quarter. The median price is one in which half of all homes sold for more and half sold for less.

Posted by stevie dee @ 03:42 PM (547 views)
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